The Board at its meeting held on 13.08.2025 pursuant to the recommendation of the Audit Committee recommended the appointment of Ms. Yogita (FCS: 8511, CP: 8478) Proprietor of Yogita & ....
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Mukat Pipes Limited reported its unaudited financial results for the quarter ended 30 June 2025. Revenue from operations stood at ₹94.91 lakhs, down from ₹104.87 lakhs in the same quarter last year. Total income came in at ₹106.57 lakhs versus ₹116.84 lakhs year-on-year. The company posted a small loss before tax of ₹1.77 lakhs and a loss per share of ₹0.01, continuing its loss-making trend from the previous quarter (₹25.04 lakhs loss). Separately, the Board has recommended appointing Ms. Yogita of Yogita & Associates, Patiala, as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval at the upcoming 38th AGM. Statutory auditors Gurpreet Kaur & Associates issued an unqualified limited review report on the results.
Quarterly performance remains weak with declining revenues and continued losses, though the loss has narrowed sharply compared to the previous quarter. The secretarial auditor appointment is a routine compliance matter and not expected to materially impact the stock. Shareholders should watch for further improvement in operating performance.